01:21 PM EDT, 07/21/2026 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.4%.

Redbook US same-store sales rose by 7.8% from a year earlier in the week ended July 18 after an 8.2% year-over-year increase in the previous week. Redbook noted brisk demand for the remaining summer merchandise due to hot weather across the country.

In corporate news, Utz Brands ( UTZ ) shares surged 89% after Germany-based Intersnack agreed to buy the US snacks maker in a $2.9 billion take-private deal.

General Motors ( GM ) lifted its full-year earnings outlook on Tuesday as the carmaker recorded an unexpected year-over-year increase in its Q2 revenue. GM shares climbed 5.3%.

Diageo ( DEO ) Chair John Manzoni is planning a board shake-up to add drinks industry expertise as Chief Executive Dave Lewis leads the company's turnaround, the Financial Times reported. Diageo ( DEO ) shares were down 1.2%.